Using Landed Costs in 10X, including Handling Tariffs in 10X

This guide explains how to configure and apply landed costs in 10X ERP to improve cost tracking and gross profit accuracy. Landed costs are also the most appropriate way to handle tariffs on items, including those from the Vendor and Freight/Shipping companies. Once enabled, landed costs (e.g., freight, tariffs, certifications) can be added to PO receipts or bills and are automatically pushed back to item lots, updating inventory costs without affecting accounting balances. Adjustments can be made at any time as long as inventory remains on hand.

• Enable Landed Cost Feature In Admin Settings Under Loaded Cost
• Choose Valuation Method: Use Relative Weight (requires item weights) or Relative Value (recommended if no weights)
• Create/Verify Add-On Cost Types (e.g., Tariff, Freight Forwarder Fees) and Assign to appropriate GL Accounts
• Include Landed Costs on PO Receipts/Bills by adding the Add-On and checking Include Landing Costs Box Next to the Add-Ons for Landed Cost inclusion
• Publish Receipt or Bill to Push Landed Cost into the Associated Lot and Update Unit Cost
• Adjust or Add Future Landed Costs Directly to Original PO Bill Even After Initial Posting
• Reverse Out Amounts (Optional) to Keep Vendor Payables Accurate While Still Updating Inventory Cost; notably this can be used to add Freight/Shipping Tariffs or Costs to Items
• Verify Sales Order Gross Profit Includes Updated Landed Cost for Accurate Margin Calculations when necessary